Forex News: EUR may fluctuate widely vs USD, JPY amid divided views on U.S. announcements to help GSEs, says trader at Tokyo bank; EUR/USD likely to move in 1.5820-1.5950 band for now; last 1.5887 on EBS. EUR/JPY tipped at 168.50-169.60 for now; last 169.30 on EBS. Says "the assessment (over the U.S. attempts) appears to be divided now, so the euro will likely move directionlessly (against the dollar and the yen) for the time being". Some still believe U.S. steps could help USD pick up, but some skeptical, worrying that another problem in U.S. financial system may crop up soon even if problems related to GSEs resolved
0 comments:
Post a Comment